This CLE explored the ASTM's new standards for Phase I environmental site assessments. Obtaining a Phase I is an important step in evaluating a piece of commercial property. Properly performing a Phase I is necessary to meet the all appropriate inquires rule and is a step in establishing the bona fide protective purchaser defended under CERCLA. This CLE explored both the legal and practical implications of the new ASTM standard.

"The New ASTM Standard for Phase I Environmental Assessment (ASTM E1527-13)"